With the airline business taking a hit from the coronavirus pandemic, AirAsia
has been expanding in the digital space. It launched a “super app” last year that offers services from travel and shopping to logistics and financial services.
“We took it as an opportunity, a once-in-a-lifetime chance to recast your business, re-look at things,” the CEO said.
expects to start its own e-hailing services in April, Fernandes said. The flying taxis it hopes to begin providing next year will come with as many as four seats and will be powered by a quadcopter, he added.
While AirAsia is looking for further opportunities to expand its services into new areas, Fernandes is optimistic that air travel will soon rebound with the rollout of vaccination programs. The group offers low-cost flights linking 22 countries, mostly in the Asia-Pacific region.
“I hope interstate travel will start in the next two to three weeks” within Malaysia, he said. He expects international borders to start opening in July or August.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.